Wealth Management Compliance Manager

Profile

Wealth Management Compliance Manager

The candidate, under the direction of the Director of Compliance and Audit, develops and implements the Bank's compliance program related to the Private Wealth Management Department; oversees the daily operations of the program; and leads a team that ensures adherence of Bank policies and procedures to Federal and State laws and regulations. Examines Bank's Private Wealth Management policies, procedures and practices to ensure compliance with various laws and regulations. Stays abreast of changes to Federal and State banking laws and regulations affecting the management, operations and product offerings of Bank, with a particular emphasis on Private Wealth Management. Assists in the revision, preparation and dissemination of new and updated compliance standards, policies, and procedures. Prepares an annual risk assessment, compliance program, and schedule of reviews for the Private Wealth Management area annually. Informs and advises Management of conditions and status of Bank's adherence to laws and regulations, with a particular emphasis on Private Wealth Management. Consults with and advises personnel affected by compliance issues and regulatory requirements. Ensures that monthly reviews of Trust and Agency files for compliance with applicable laws, regulations, and policy are completed efficiently, effectively, and timely: conducts entrance and exit interviews; selects files, performs reviews, and tracks exceptions; and writes reports and presents findings to the trust committee, private wealth management group, the audit committee, and to other private wealth management committees on an as needed basis. Ensures that monthly reviews of specialty areas and other product offerings of private wealth management, including land and minerals management, and retirement accounts, for compliance with applicable laws, regulations, and policy are completed efficiently, effectively, and timely: conducts entrance and exit interviews; selects files, performs reviews, and tracks exceptions; and writes reports and presents findings to the trust committee, private wealth management group, the audit committee, and to other private wealth management committees on an as needed basis. Assists in facilitating Federal and State examinations for the Private Wealth Management Department. Maintains proper correspondence and legal files. Reviews emails and branch messages to remain current on policy or procedural changes and new product offerings. Attends periodic training to receive information about various Private Wealth Management services and participates in an exchange of ideas and problems. Assists with various projects and assignments as needed. Provides written and oral instructions to subordinates. Conducts performance evaluations and one-on-one meetings with subordinates as outlined by Human Resources. Maintains harmony among workers and resolves grievances.

Company info

First International Bank & Trust
100 North Main Street
2770450
North Dakota
United States 58854
Website : http://www.firstintlbank.com/